TL;DR
- OSL raised $300 million to expand globally and develop stablecoin and payment services, backed by a clearer regulatory framework.
- Starting August 1, Hong Kong will implement a new legal framework for stablecoins, with over 50 companies currently seeking licenses.
- The company already holds a license in Hong Kong and plans to expand into Japan, Australia, Europe, and Southeast Asia, focusing on digital infrastructure.
OSL Group raised $300 million in a funding round that will drive its international growth and stablecoin-related infrastructure.
The Asian company will allocate the funds to three key areas: strategic acquisitions, global expansion of digital financial services, and an increase in working capital. Among its top priorities is the development of platforms for payments and issuance of regulated stablecoins — a critical move given the new legal framework in Hong Kong set to take effect on August 1.
OSL Group was the first exchange to receive an official license from the Hong Kong Monetary Authority and currently operates with custody services, OTC trading, and wealth management focused on tokenized assets. Its compliance-driven approach has attracted high-profile institutional investors, including sovereign wealth funds, large hedge funds, and traditional investment firms. According to the company’s CFO, the international interest reflects a strong market assessment of its business model and global outlook.
OSL Group to Strengthen Its Presence in Europe and Southeast Asia
With the Stablecoin Ordinance about to take effect, Hong Kong’s market is bracing for major changes in how these digital currencies are issued and used. Over 50 companies have applied for licenses under the new regime, but local authorities have already warned that many proposals lack substance. HKMA chief Eddie Yue questioned the feasibility of several plans and cautioned that noncompliance could lead to steep fines and up to six months in prison.
OSL aims to strengthen its presence in key markets such as Japan, Australia, Europe, and Southeast Asia. The company is already working on deploying technological infrastructure in these regions, with the goal of competing in the digital payments and stablecoin solutions sector
